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TPE:4566

2 stories mentioning TPE:4566Updated 6h ago

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Asia

Global Tek Fabrication Clarifies Media Report on AI Liquid Cooling Forecast

Global Tek Fabrication (TPE:4566) clarified a media report that said it had entered the AI liquid cooling supply chain, expected its business to improve month by month in the second half of the year and had set a five-year revenue target of NT$10 billion.The company said the report, published by the Economic Daily News, did not reflect information it had officially disclosed.Global Tek said investors should refer to information released on Taiwan's Market Observation Post System and reiterated that it has not issued any financial forecasts.

TPE:4566
Asia

Market Chatter: Global Tek Fabrication Starts Mass Production of AI Server Liquid Cooling Components

Precision metal machining company Global Tek Fabrication (TPE:4566) began mass production of AI server liquid-cooling components in July, according to a Taiwan News report on Monday quoting company president Huang Ya-hsing at the company's earnings conference.The company's shares were up over 4% in Tuesday's trade.Huang said the company has bagged orders from a major Japanese manufacturer for AI server liquid-cooling components, for which shipments are expected to add to the company's revenue through 2027, according to the report.The company has also secured initial orders from a Chinese customer for key humanoid robot joint components, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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